Date: Aug 08, 2011
Press Release Number: 65-2011
Statement of Chip Hallock, President & CEO, Newark Regional Business Partnership:
Newark Regional Business Partnership (NRBP) is a consistent and active proponent for infrastructure investment as a necessary ingredient to maintain economic competitiveness and attractiveness for one of the country’s most accessible cities. The transportation assets of the Port Authority of New York and New Jersey provide New Jersey’s largest City with business and employment activity that only can be sustained through thoughtful planning and targeted spending.
“Our region has an unprecedented need to strengthen its transportation infrastructure and the Port Authority capital plan includes improvements to some of the most critical connections to New York and the world. Projects like the raising of the Bayonne Bridge and rehabilitation of the PATH system are absolutely essential for continued economic development in and around Newark. By now, we should understand that we can’t have something for nothing. These projects must be completed and must be paid for - toll and fare increases are the only way to do it.”
Newark Regional Business Partnership, a broad-based business organization representing 425 members with more than 140,000 employees in New Jersey, is committed to the revitalization of Newark and to providing its members with the connections, information and advocacy they need to be successful.
The Port Authority of New York and New Jersey
Steve Coleman or Ron Marsico, 212 435-7777